Infant Formula Market, by Product Type (Starting Milk Formula, Follow-on Milk Formula, Toddler’s Milk Formula, Special Milk Formula), by Distribution Channel (Specialty Outlets, Supermarkets, Online Stores, Pharmacy Stores, Others), and by Region (North A

Infant Formula Market, by Product Type (Starting Milk Formula, Follow-on Milk Formula, Toddler’s Milk Formula, Special Milk Formula), by Distribution Channel (Specialty Outlets, Supermarkets, Online Stores, Pharmacy Stores, Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Global infant formula market is growing at a substantial rate, owing to the rising working women population across the globe. In addition to this, growing demand for infant formula due to busy lifestyle and high birth rate across emerging economies is expected to foster the market growth of infant formula market during the forecast period. Infant formula is available in various product types such as starting milk formula, follow-on milk formula, toddler’s milk formula, and special milk formula.

Market Dynamics

Global infant formula market has witnessed significant growth in recent five years, owing to the changing consumer lifestyles which have led to a shift in food preferences. For instance, growing demand for processed and convenience foods is expected to fuel growth of the global infant formula market during the forecast period.

Rising demand for organic infant formula have increased the manufacturing among leading players, facilitating the increasing demand across the country. Rise in number of women participation in work force and need of high nutritional content in baby food is aiding the growth. For instance, in June 2021, ByHeart, a new infant formula U.S. based company announced the completion of its largest infant formula clinical trial and is on the track to become 4th fully integrated FDA-registered, U.S. based infant formula brand in the country.

Major players in the global infant formula market are increasing their investment on innovative product launches, research & development, and marketing & promotional activities to capitalize on emerging trends in various product types such as starting milk formula, follow-on milk formula, toddler’s milk formula, and special milk formula. This scenario is expected to fuel the market growth during the forecast period.

Key features of the study:

  • This report provides an in-depth analysis of global infant formula market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the Global infant formula market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Nestlé S.A., Groupe Danone, Abbott Nutrition, Mead Johnson Nutrition, The Kraft Heinz Company, Meiji Holdings Co. Ltd., Beingmate Baby & Child food Co. Ltd., Synutra International Inc., Pfizer Inc., and FrieslandCampina. N.V.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global infant formula market report caters to various stakeholders in this industry including investors, suppliers, infant formula service providers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global infant formula market
Detailed Segmentation:
  • Global Infant Formula Market, By Product Type:
  • Starting Milk Formula
  • Follow-on Milk Formula
  • Toddler’s Milk Formula
  • Special Milk Formula
  • Global Infant Formula Market, By Distribution Channel:
  • Specialty Outlets
  • Supermarkets
  • Online Stores
  • Pharmacy Stores
  • Others
  • Global Infant Formula Market, By Region:
  • North America
  • By Country:
  • U.S.
  • Canada
  • Latin America
  • By Country:
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • By Country:
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • By Country:
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa
  • By Region:
  • Middle East
  • Africa
  • Company Profiles
  • Nestlé S.A.
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Key Strategies
  • Recent Developments
  • Future Plans
  • Groupe Danone
  • Abbott Nutrition
  • Mead Johnson Nutrition
  • The Kraft Heinz Company
  • Meiji Holdings Co. Ltd.
  • Beingmate Baby & Child Food Co. Ltd.
  • Synutra International Inc.
  • Pfizer Inc
  • FrieslandCampina N.V.
“*” marked represents similar segmentation in other categories in the respective section


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Distribution Channel
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Infant Formula Market - Impact of Coronavirus (Covid-19) Pandemic
Overview
Factors Affecting Global Premium Cosmetics Market – COVID-19
Impact Analysis
5. Global Infant Formula Market, By Product Type, 2017- 2030 (US$ Mn)
Introduction
Market Share Analysis, 2022, 2025 and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Starting Milk Formula
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Follow-on Milk Formula
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Toddler’s Milk Formula
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
Special Milk Formula
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Mn)
6. Global Infant Formula Market, By Distribution Channel, 2017-2030 (US$ Billion)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 20227 - 2030, (US$ Billion)
Specialty Outlets
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Supermarkets
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Online Stores
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Pharmacy Stores
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Online
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
7. Global Infant Formula Market, By Region, 2017- 2030 (US$ Mn)
Introduction
Market Share Analysis, By Region, 2022, 2025 and 2030 (%)
Y-o-Y Growth Analysis, For Regions, 2017 - 2030
North America
Market Share Analysis, By Country, 2022 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 – 2030
Country Trends
Market Size and Forecast, By Product, 2017- 2030 (US$ Mn)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2022, 2025, and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
Country Trends
Market Size and Forecast, By Product, 2017- 2030 (US$ Mn)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
Country Trends
Market Size and Forecast, By Product, 2017- 2030 (US$ Mn)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
Y-o-Y Growth Analysis, By Country, 2017 - 2030
Country Trends
Market Size and Forecast, By Product, 2017- 2030 (US$ Mn)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Sub-region, 2022, 2025 and 2030 (%)
Y-o-Y Growth Analysis, By Sub-region, 2017 - 2030
Country Trends
Market Size and Forecast, By Product, 2017- 2030 (US$ Mn)
Sub-Regions
Middle East
Africa
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Nestlé S.A
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Groupe Danone
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Abbott Nutrition
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Mead Johnson Nutrition
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
The Kraft Heinz Company
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Meiji Holdings Co. Ltd.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Beingmate Baby & Child food Co. Ltd.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Synutra International Inc.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
Pfizer Inc.
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
FrieslandCampina. N.V
Company Overview
Component Portfolio
Financial Performance
Recent Developments/Updates
9. Section
References
Research Methodology
About us and Sales Contact
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